The actuarial profession involves the application of mathematical disciplines; particularly probability, statistics and risk theory, to real life financial problems involving future uncertainty. The analysis involved helps people and organizations plan for and reduce financial risk in diverse areas such as life, health, disability, property and casualty insurance, annuities, pension plans and employee benefit plans.
Students in the Actuarial Studies major:
- are required to take the same business core courses as in other majors providing the opportunity to study other business-related areas
- can take as little as four actuarial courses to claim their major in actuarial mathematics
- have access to the business library that provides updated study materials that help students prepare for professional actuarial exams
